Skip to main content

About your Search

20121206
20121206
STATION
CNBC 8
FBC 8
KPIX (CBS) 5
CNN 4
CNNW 4
KGO (ABC) 3
KTVU (FOX) 3
WBAL (NBC) 3
WJLA (ABC) 3
WJZ (CBS) 2
WRC (NBC) 2
WUSA (CBS) 2
CSPAN 1
CSPAN2 1
( more )
LANGUAGE
English 65
Search Results 0 to 49 of about 65 (some duplicates have been removed)
PBS
Dec 5, 2012 4:30pm PST
, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. that number blows away the initial estimate of 1.9%. erika miller takes a closer look at how technology is helping to boost safety and productivity. >> reporter: three years ago, this long island hospital had a problem: healthcare workers weren't cleaning their hands as often as required. >> 100,000 people die each year in the united states from hospital acquired infections. that's more than the number of people who die f
PBS
Dec 5, 2012 6:30pm PST
the past year or so. we think as we get past the fiscal cliff and job creation continues, i think investors are going to be feeling a little more optmistic. we think with modest earnings growth, we're looking for earnings to be up about 5%, and with a little extra improvement and sentiment, investors could push the market up about 8%. not a big gain, but a decent one, giving the slow-growing economy we're seeing right now. >> susie: your whole forecast is depending on an agreement on fiscal cliff. if we go over the cliff, what happens to your forecast. what will you be saying at the start of the year about the outlook for the economy and jobs. >> a lot of people are focused on the january 1st deadline. we don't think if we don't have an agreement by january 1st that everything falls apart. what we're watching very closely is if there is still negotiating taking place. if we still see both sides talk, i don't think the january 1st deadline is going to mean that much. we would only worry about the worst-case scenario with the economy contracting if there is a real stalemate and both parties w
NBC
Dec 6, 2012 5:00am EST
if the economy goes over the fiscal cliff. one and a half million americans could lose their jobs if lawmakers fail to come to an agreement. nationwide insurance warning customers the computer network has been hacked. nationwide is apologizing and offering customers identity theft protection for a year. posters may have a buyer for its wonder bread brand. it could take months before production of the bread brand wraps up again. optimism helping to give the dow and s&p a boost yesterday. apple was weighing on the nasdaq. walt disney world's new fantasy land is open after the biggest expansion in the 41-year history. the magic kingdom makeover includes giving out pagers and serving beer and wine for the first time ever. the park has been struggling with stagnant attendance. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> 5:22. 31 degrees at the airport. asking questions at a town hall meeting. >> don't forget to e-mail us your response to our water cooler question of the day. do you think eating or putting on makeup should be included in distracted-driving
ABC
Dec 6, 2012 4:30am EST
will cut 11,000 workers worldwide. other banks will have cuts next year as well. let's talk fiscal cliff. the median prediction is 1.5 million jobs may be lost next year including 110,000 in the defense industry if lawmakers fail to come up with an agreement soon. let's talk about the rivalry between twitter and facebook. twitter says users are experiencing issues with viewing instagram photographs. facebook looking at purchasing the service, driving traffic to its own website. a 13-year-old girl thinks the classics easy-bake oven should be marketed to boys as well. and wonder bread/host this may have a buyer -- hostess. >> we will talk to you soon. still to come, an online business has turned into a court battle in fairfax county. >> and a boost for those >> president obama has declared d.c. a disaster area, opening up federal money to help cover emergency work and repairs from the storm. and to protect against future disasters. chris christie expected to be in d.c. today pressing for more aid following hurricane sandy. the new jersey governor wants full federal reimbursement for some s
FOX
Dec 6, 2012 6:00am PST
cliff. coming up, we will have the jobs that could be lost if those automatic cuts take affect. >> former president clinton is here as part of a celebrity forum speaker series. he said hillary rodham clinton is in great shape and has unbelievable stamina but she needs rest before deciding what she does next. she will not be secretary of state for president barack obama's second term. >>> it happened at the bridge toll booth. they broke the stories and at least two toll takers have been on the loose for months now. they would announce more information today. residents in san mateo counties are being asked to cut back on water. it stirred upset men at -- up set -- sediment and until they fix it, they will be importing water from further away. >>> they are making $1 million available to fix a huge sinkhole. it happened during a major storm. a clogged up storm drain added to the problems. it will allow the water to drain out of that sinkhole to get a more permanent fix. >>> stay right here with us, you can get up to the minute information by downloading the app to your mobile devic
NBC
Dec 6, 2012 6:00am EST
are at risk and congress if there is not an agreement on the fiscal cliff. more than 500,000 defense industry jobs could be lost next year. stock futures this morning are quiet again here today. stocks were higher yesterday with the exception of the nasdaq. shares of apple dropped the most inuit four years. there is a suitor for wonder bread. if a bidder does by wonder bread, there's no -- nonbinding offers are due by monday. millions of young girls learning how to make cakes in the easy bake oven. one girl said it should be marketed to boys as well. ask the hasbro to drop the pink colors. her brother is asking one for christmas. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. back to you. >> thank you very much and have a great day. >> 6;20. terrell suggs is out again. >> here is a look at last night's winning maryland lottery numbers. hope you have them. >> now insta-weather plus and traffic pulse 11 together. >> good morning. sarah caldwell checking on your morning commute. not bad out there. a few delays starting to form. up to speed on the harrisburg i
FOX
Dec 6, 2012 7:00am PST
. >>> the standoff over the fiscal cliff is putting jobs here in california and alison burns has more on this. >> reporter: and secretary panetta has warned the fiscal cliff would hurt our national defense. he's expected to hold a news conference any minute now. he's getting the order from the white house to brace for massive budget cut us. now, the automatic spending cuts that would kick in if congress does not reach an agreement on the fiscal cliff would force the pentagon to slice about 10% of the budget. the defense industry projects one in five defense contracts in california would be lost. the aerospace industry is projecting that 135,000 department jobs would be cut along with 90,000 jobs for a total of about 225,000 jobs lost in california over the next few years. alison burns, ktvu channel 2 news. >>> 8:16. well, today will mark the 9 oth annual lighting of the national christmas tree. president obama and his family, they will flip a switch lighting that tree this evening. neil patrick harris, remember doogie howser? he will be hosting the event. james taylor and the fray will be amo
CBS
Dec 6, 2012 5:00am PST
and the "fiscal cliff." a lot of factors could shake up tomorrow's jobs report. we'll have a preview coming up. >> and it looked like new year's eve in seattle. pot smokers light up in celebration of washington's new law but it comes with some limitations. ,,,,,,,,,, ,,,,,,,,,, ♪[ music ] >>> the music world is mourning the death of jazz pioneer dave brubeck who died yesterday of heart failure on the way to a hospital for a scheduled check- up. he was born 92 years ago today. and he was born in concord over in the east bay. you might remember him for his jazz hits including the biggie "take five." >> what you might not know is that brubeck learned the piano from his mother and after leading an army band during world war ii he studied at mills college in oakland. >> i didn't know he was from the bay area. >>> just in from the labor department, new jobless claims fell sharply from a week ago as disruptions blamed on superstorm sandy diminished. new claims dropped by 25,000 last week to 370,000. that's fewer than economists had expected. and tomorrow, the first monthly jobs report since hurrica
FOX Business
Dec 6, 2012 1:00pm EST
: this is one of those markets with a lot of anticipation. every focuses on the fiscal cliff. tomorrow is the all-important jobs report for a lot of folks have been hearing more economic news which has been more dismal lately. talk about more layoffs they have seen in november. right now the market is not too far off the unchanged line. the acidity holding 1400. the tech of the nasdaq still below 3000. today apple is now moving into the green and that is one of the reasons why it is holding on to a quarter percent gain. apple $700, 705 in september traded as low as 518 today. certainly has been under significant pressure, however people use that as a buying opportunity which is evidenced in the two-day chart. with the fiscal cliff fast approaching, naturally it's about time lawmakers took a long recess. >> they're gone today, but will be back tuesday. it meets with small businesses in their district, they will highlight what they say i see ae small business tax hike president obama is pushing. the president is skipping town also for a quick stop in northern virginia. there he will meet
CNBC
Dec 6, 2012 3:00pm EST
focused on the fiscal cliff, we haven't thought about the jobs number coming out tomorrow. what do you expect? >> i expect it to be nothing that's going to
FOX
Dec 6, 2012 5:00am PST
. >>> and they are looking for billions of dollars in cuts as they prepare to go over that fiscal cliff. hundreds of thousands of the jobs all over california could be affected, allison? >> 135 government workers in california could lose their jobs if there is no deal on those spending cuts that kick in at the end of the month. they say not only to plan for the cuts but that has changed. they are preparing to slice about 10% of their budget. experts are looking at 135 defense employees could lose their jobs but experts say there is still time to reach a deal and avoid those major lawsuits. >> nobody wants to reach a deal more than i. i will be ready to sit down with the president and solve this. >> reporter: they could be hit the hardest and i will have more about it during my next update on ktvu channel 2 morning news. >>> they are looking at grant money from the environmental protection agency. each student could be awarded a large sum of money. stanford's group wants to disinfect drinking water in bangladesh. in april they go to washington d.c. to prevent their work to a panel of scientists an
ABC
Dec 5, 2012 5:30pm PST
that a lot of ordinary americans have been put on notice, as we approach that fiscal cliff, just 27 days away. people who are already having trouble finding a job are receiving a letter of warning about something to happen to them if congress can't make a deal. and abc's jonathan karl has that. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment checks will stop immediately at the end of the year. >> we're dependent on that money to pay our bills. >> reporter: she's been without a job for a year. her $450 a week unemployment check, her lifeline. >> we won't be able to pay some of our bills, and, i mean, you know, as for christmas and things of that nature, probably off the table. >> reporter: she's not alone. without a deal, unemployment compensation will end for more than 2 million people who've been out of work for more than 26 weeks. many of the unemployed started receiving the news this week from pre-recorded phone calls, like this one in washington state. >> emergency unemployment compensation shuts off at the end
CBS
Dec 5, 2012 5:30pm PST
, woodbridge, virginia. >> pelley: a lot of people working for citigroup are headed for a fiscal cliff. today the company said it's cutting 11,000 jobs to boost profits. citigroup is america's third largest bank but it has operations around the world. the company didn't tell us how many american jobs will be lost. a new study just out today has encouraging news about breast cancer which kills 40,000 women a year. elaine quijano reports on how changing a treatment could save lives. >> reporter: when carrie capossela finished a five-year course of tamoxifen to prevent her breast cancer from coming back, she was nervous when she finally went off the drug. >> all of a sudden you're done and it's very scary. it's very scary because you have to then go back and you really having have nothing protecting you from the medical standpoint anymore. >> reporter: capossela was 33 when she was diagnosed. estrogen is the main fuel for breast cancer in younger women who have not gone through menopause. tamoxifen works by blocking the effect of estrogen. the current recommendation is for women to take the drug
ABC
Dec 6, 2012 5:00am PST
the fiscal cliff after the president suggested a deal could be reached in a week. government issues new warning about reverse mortgages that give seniors immediate cash payment in exchange for future equity. today the obama administration will recommend seniors be careful before signing one. new starbucks likely coming to a neighborhood near you, planning to open 1500 more cafes over the next five years, averaging two ♪ we were skipping stones and letting go ♪ ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its most delicious. >>> good morning. 5:14. live look san francisco looking across the bay into oakland and east bay, something is happening in the east bay. yes! the raiders game! [ laughing ] >> that was
CBS
Dec 5, 2012 5:00pm PST
's at stake if we go over the "fiscal cliff." the daily democrat predicts that our state could lose $4.5 billion and lose about 200,000 jobs and with 26 days until that deadline, the painful reality is just becoming more clear. >> at 3:00, they want to start us closing on wednesday at noon. >> reporter: a social security employee for 30 years he is joining fellow federal workers across the u.s. to spread the word that the "fiscal cliff" is looming and at stake, social security benefits for millions. >> they seem to go for the people who had the least political pull, poor, disabled, people in east oakland. >> reporter: people like a social secure recipient who relies on every federal dollar. if these benefits were to be cut how would this affect you and your friends? >> oh, wow. you know, i wouldn't be able to afford the rent that i'm paying right now. much less food. so yes, it is going to hurt. >> reporter: it doesn't stop there. the federal cuts in defense spending could cost california 135,000 jobs according to george mason university. and for defense contractors in the state alone
FOX Business
Dec 6, 2012 11:00am EST
we have any chance of addressing those issues in the fiscal cliff debate? >> in the fiscal cliff, no. it will take strong leadership that has yet to set forward. in my life, i would love to see the ending of all these poverty programs transformed into job creation, making people go to work or else they are on their own. liz: you are a fascinating voice in this debate. thank you very much. dennis: he is my new contrarian hero. that was a great interview. christmas is starting early for congress. the house of representatives is homeward bound. cheryl: they are leaving town despite the fact we are nowhere close to a deal on the fiscal cliff. what is going on, rich edson? "imus in the morning" rich: house republicans will host the events with small business leaders in their districts and highlight what republicans say will be the economic damage small-business from raising income-tax rates on families earning $250,000 a year. president obama is leaving washington too though he is only heading across the potomac river, going to suburban virginia to speak to a middle-class family and he wi
CNBC
Dec 6, 2012 4:00pm EST
to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage to the psyche of job creation than anything that ben bernanke can do. >> any expectations in terms of the jobs numbers? what do you look for? >> we're looking for better than expected. rit, the sandy effect will be there. you should see actually better job growth next year, and that also becomes that second catalyst into the marketplace that could put the s&p at an all-time high next year. >> what about the fiscal cliff though? if we take out the mortgage deduction, which is being hotly debated in terms of the exemptions and loopholes, does that stop this housing recovery in its tracks? >> if you pick a midpoint between 0% and 3.5% and call it a fiscal slope, 1.5% drag next year is equivalent to the drag we have this year from the overall private sector. without housing as a major tail wind. next year housing should be closer to a major tail wind. there's a little bit of a buffer zone there. >> ben, what about you? you think -- are you worried about the cliff? >> yea
CBS
Dec 6, 2012 6:00pm EST
unemployment checks right now. if the nation heads over that fiscal cliff, four out of 10 unemployed americans will have a tougher time getting by. at the height of the jobs crisis congress passed federally backed emergency unemployment programs so states wouldn't run out of money for jobless benefits. now why is this happening? these programs have passed on a temporary basis because lawmakers hoped the economy would be in better shape by now. it's all part of an effort to slash $503 billion from the federal budget deficit through tax increases and deep spending cuts. >> you can learn more any time at www.wusa9.com and on 9 news. this has been a 9 news fiscal cliff note. >>> right now the search for a sexual predator who hides behind a mask, prince william county police say that man tricked, then attacked a hotel clerk at an econo lodge in woodbridge. he called the clerk posing as a guest locked out of his room. the clerk headed to the room and in the stairwell that man with a mask pulled a knife on her, forced her into an empty room and sexually assaulted her. >>> maryland issued its first li
FOX Business
Dec 5, 2012 8:00pm EST
that we want the repeal of this tax refund the fiscal cliff. it is a tax rate that is increasingly seen as unfair. it is willy-nilly. they say that they are increasing the number of people are insured. and they say wait a second, that's not how it works. charles: the same argument that they use, by the same token, it is so odd that they singled out medical device makers and tanning salons are it is like -- what the heck? singh that we need to go after those nefarious medical devices. we need to get those guys. charles: you know, at some point, people have to understand. great innovation and breakthroughs will be delayed. it is hard to calculate how many, but there is no doubt that this will end up killing people. >> the issue is with venture capitalism, it's already pulled back. a 42% plunge in funding of medical device makers since last year. already companies like stryker announcing job layoffs. whether we see this as part of the fiscal cliff deal, we are pushing for it. charles: at some point they do need to address this. this hurts every single american in the wrong way. thanks so m
CW
Dec 6, 2012 12:00pm CST
could happen if the u.s. a economy goes over the fiscal cliff. economists surveyed said one and a half million americans could lose their jobs if lawmakers fail to come to an agreement and the automatic spending cut impact increases. forces are keeping an eye on some debts for a budget bill. the nasdaq gained due to a rebound by apple. the number was triggered by reports that it would lose shares to its rival google. apple is trying to regain market share from samsung. the to tech companies are back in court today to get it out over a $1 billion patent fight. meantime nationwide insurance is warning customers that its computers networked had been attacked. customers' names birth dates social skirted numbers and driver's license numbers were likely stolen. nationwide is apologizing and are offering customers an identity that protection for one year. start planning did vacations, walt disney new fantasyland is officially open. this is after what may be the biggest expansion in the orlando parts 41 year history. the estimated $300 million magic kingdom makeover includes giving up our g
CBS
Dec 5, 2012 6:00pm PST
that if no deal is reached and we go over the "fiscal cliff," our state could lose out on $4.5 billion of federal money and lose 200,000 jobs. and this can hit the lower middle class with a one-two punch a combination of unemployment and fewer social safety nets. >> they want us to close on wednesday at noon. >> reporter: a social security employee for 30 years is joining fellow federal workers across the u.s. to spread the word the "fiscal cliff" is looming and at stake social security benefits for millions. >> they seem to go for the people who had the least political pull, in other words poor and disabled and people here in east oakland. >> reporter: like this social security recipient who relies on every federal dollar. if these benefits were cut, who would this affect you and your friends? >> oh, wow. i wouldn't even be able to afford the rent i'm paying right now, less food. it is going to hurt. >> reporter: it doesn't stop there. the federal defense spending cuts could cost california 135,000 jobs and for defense contractors a $10 billion drop in the next decade. for struggling college st
CNBC
Dec 6, 2012 6:00pm EST
this fiscal cliff stuff royally with your hard line positions and your ridiculous protestations that you can't compromise. here's why. we are close, very close right now within our grasps to becoming the leader of the world when it comes to technology, innovation, natural resources, and finance. you are the only thing standing in our way. you are our ball and you are our chain. like today dow rallies 40 points, s&p gained .33%, nasdaq .52%. whether it's the ceos of the honeywells or the smallest of the small. tonight's guest of lumber liquidators, they're mean-spirited debates, the pledge is not to raise taxes, it's costing this nation a once in a lifetime opportunity to reassert itself as the leader of the free world. and faster growing the repressive communist world to boot. you are in the ability to give us a deal, any deal is crushing our economy. allow me to explain. since i read @jimcramer on tw twitter people say i'm biased. i believe that the compromise that all the common sense people are looking for, some combination of spending cuts, higher taxes and pro-growth initiatives doesn't
FOX News
Dec 6, 2012 2:00am PST
. >> it is eye popping isn't it. pray congress makes a deal to avoid going over the fiscal cliff. high income workers there will get more than 50 percent. it targets income brackets. state taxes went up. they are now higher than both new york city as well as hawaii. >> when it comes to jobs being added different numbers, 118,000. >> this is the first week of the month we get a lot of jobs data. storm event coming in when i say storm literally we will see the effects of super storm sandy. private job creation says businesses added 118,000 jobs in november. if it were not for sandy that number would have been north of 200,000. adt may have a stronger jobs report that's the big one economists look at. we expect 93,000 nonfarm jobs have been created last month. the numbers are weak and they suggest it's not just a storm but it is worried about the fiscal cliff holding businesses back from hiring. >> business owners and other people on e-mail which is most of us. when you are reading the e-mails and writing them you rate changes. >> pay attention i guess. do you hold your breath when you are readi
FOX
Dec 6, 2012 5:00pm EST
...///.as ... pprt of the fiscal cliff.../ tte... cut... as much as... 5000bbilion ...from its budget... / over... the next... 10 yeaas...///.that... could be... on top... &poff ther defense cuts ... already... in the cuts ... - would... most ikely... target... &p weapons...// jobs. . civilian defense... earlier we told you about a push to force phone companiis to store text messagee for up to two years.law enforcement groups areepushing for the change. and thaa brings us to our question of the day...should law enforcement ageecies... have the potentiall.. to pccess... your text messages for up to two years? chris writes on our facebook page..."with a warrant yes, no."but elissa writes..."no i believe that is an invasion of privacy to the highesttdegree. degrre. a lot of response on this question and most of ou don't liie thh idea. go... to... ox- baltiiore dot com .../ tell s... what youu think.../. ssund... off... thru... facebook.../. send... us... a tweet.. at foxbaltimore.../. text... your answer to ...45-200..../ enter... fox45a for yes.. /
CNN
Dec 6, 2012 2:00am PST
what kind of impact sandy had on those numbers and maybe fiscal cliff holding some employers back tomorrow. >> so bad news? >> we'll see. >> for now we all know the siren mogul. >> but the ceo, howard schultz, some sobering advice to offer on the looming fiscal cliff. the consequences will be worse than last area's debt ceiling fight, when the u.s. credit rating was downgraded for the first time ever. his message to lawmakers, now is not the time to play politics. you've got to do the right thing for the american people. >> i think if people would get in the room and leave their ego behind and not be so skewed towards the party, but be so sensitive to the lens to have the american people, we will have an agreement. >> poppy harlow joins us now with more of her conversation with howard schultz. much of the conversation has been about, you know, what's the best thing to do for this country, but it's a globe -- he says the whole world is watching. >> yeah, that it has massive consequences for the entire world. but you want to ask someone like howard schultz who runs a big global comp
CBS
Dec 5, 2012 7:00pm EST
about fiscal cliff as well at 7:00. you can send in questions to mailbag@wusa9.com or leave a post on the wusa9 facebook page. >>> if you want to blow up a bank atm, you better bring a lot of firepower. around 4 a.m. this morning somebody tried to blow open an atm in fredericksburg at the drive- thru of the virginia credit union, but all those explosives did was leave scorch marks. investigators hope the surveillance video can lead them to the mad bomber and we do mean mad. >>> a 14-year-old gunned down on the street, police saying it was a targeted gang killing. this happened after midnight in the lewisdale, maryland area along sheridan street. investigators say elizer reyes was walking down the street with two other people. a car drove by and there was open fire and he was killed. police found the car but are looking for the shooter. >>> tonight fans remember the first modern jazz musician to appear on the cover of time magazine, dave brubeck, would have turned 92 tomorrow. his quartet first formed in 1951 and went on to define some of the smoking and swinging rhythms of the '50s
CNBC
Dec 6, 2012 6:00am EST
employment data on the way. tomorrow the big jobs report and then there was the issue of the fiscal cliff. 11,000 in citigroup. i wonder if we start seeing things before next year. people are not hiring people. >> and we've talked a lot about this, ceos have already had to make their plans known to their boards. so it's had its impact. >> getner says the obama administration is only too willing to go over the qulif. cliff. do they mean marginal rates, or just rates. >> that's what's going to be worked out, the last minute deal that's where you find wiggle room. >> i guarantee you there's guys in boehner's camp that are ready to go over, too. >> but he's been moving to marginalize those peel. this is his way of taking control of the party. >> the question is why do they care where the money comes from. if you have a revenue target, then fine. but we need $800 million in revenue. john wehner figured it out. and boehner can turn around and say i need $6 trillion in titlement cuts. and they can each take each other's playbook and try and figure out what they would like best to -- figure out the n
ABC
Dec 6, 2012 2:35am EST
. >> reporter: and of course, going off the so-called fiscal cliff means a tax hike for everybody who does have a job. treasury secretary timothy geithner said the president is absolutely welling to go off the cliff unless republicans agree to raise tax rates. >> there is no prospect for an agreement that doesn't involve the rates going up on the top 2% of the wealthiest. only 2%. >> reporter: on that no progress. >> where are the specifics? where are the discussions? nothing is going on. >> reporter: there have been no real talks between the white house and republicans for a week, but the president and the speaker of the house spoke via telephone. neither side would give any details about what was said. the stock market closed higher with traders optimistic a deal will be reached. jonathan karl, abc new, washington. >>> amazing a phone call can calm the markets. impressive here. what i thought was interesting. we talked how the house is scheduled to go on vacation the 14th of the month. so actually there is a tighter deadline than the 31st. apparently, house majority leader eric kantor said we
FOX Business
Dec 6, 2012 6:00pm EST
as the so-called fiscal cliff looms. asking barbara if you should run for the hills too. investors deciding not to take a bite out of apple after the market cap takes a nose dive. will the tech giant be able to regain its shine? we'll find out later. we're on the case, next, on "the willis report." you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barer thahat helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gavisn®. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. gerri: unemployment past 8% in a new gallup survey. what's that mean for the jobless figures out tomorrow? that's next. gerri: november's job repoot released early tomorrow morning, and now that the election is over, what will the numbers show? the u
FOX Business
Dec 5, 2012 9:00pm EST
month. it is estimated if we go over the fiscal cliff it will cost $1,307,000,000 we could lose education funds health and human services funds, not to mention the job loss. gerri: and 8,000 jobs with defense cuts. cost eight -- 100 million? you have had a surplus will this put you into the red? >> it could. we still look at the federal obama's health care plan with the budget will cost money then look of the mandates tied with the federal money. i asked the president, is you have these federal funds coming down to the states and the strings are still attached it does not give us leeway for our different circumstance -- circumstances other states different constitutions, laws, differe nt styles of living and different needs for the budget. give us some flexibility. gerri: i hope you were more upbeat with the fiscal cliff that use sound like many people big concerns the people can get together and find common ground. it is meaningful to est. like yours. we appreciate your time. gerri: it is not just politicians and ceos. even baseball players take note to. there all top 2% and ma
NBC
Dec 6, 2012 4:30am EST
lines for taxpayers if, in fact, their jobs are cut in all of this. so where do we stand today? there's a hearing today on capitol hill. the joint economic committee hearing on what can be done for the fiscal cliff. treasury secretary timothy geithner says the administration is willing to go over the cliff, let taxes go up, let these taxes happen if republicans press the idea of no tax increases for the wealthy. the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president mohammed morsi. the street battles were the most violent since egypt's latest crisis erupted two weeks ago where morsi assumed near absolute power. the opposition is vowing more protests later today. >>>
CNBC
Dec 6, 2012 4:00am EST
the fiscal cliff and yet the dow was up 100 points based on good bank new, shedding jobs, some good chinese economic news. so i found that very interesting yesterday. >> geithner says our job is to prevent anything from bad happening, but at the same time, we're prepared to gooff the fiscal cliff. so which statement shy believe more? >> like any foesh yags, there's a lot of posturing going on right now. and i do think at some point they'll reach an agreement. one of your previous guests made a good point that january 1st in some ways is a soft deadline. these cost cuts tonight go into effect until down the road. maybe we get a deal done by january 1s, maybe not. keep in mind, too, that the stock market is continually discounting the possibilities. so i think a lot of this is in stocks already. and u.s. stocks anyway. >> we have jobless claims today. is this going to shift sentiment an awful lot bearing in mind discussions in washington? >> probably not. we got the big distortions from san sandy. slowly working through that. so i think if there's an outlier, investors will yawn and wait for
CBS
Dec 6, 2012 12:00pm PST
to avoid the so- called "fiscal cliff." >> you got it nail this down. uncertainly is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending consults on the middle class. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying
NBC
Dec 6, 2012 6:00am EST
political asylum in latin america if assad is forced to flee syria. >>> with the fiscal cliff approaching, the pentagon is already planning major cuts. if a deal cannot be reached, $500 billion in jobs and programs will be cut. the pentagon spokesman says those cuts could force the defense department to abandon its new military strat george mitchell it's also likely to affect spending, as well as how the military provides for troops and their families. >>> this morning, signs that there may actually be movement on the fiscal cliff talks. kayla is live with that. >> reporter: a little bit of movement potentially. president obama and house speaker john boehner spoke by phone yesterday as democrats and republicans continue to dig their heels in over this budget standoff. there's been no announcement of any new face the face talks as lawmakers try to reach a deal to avoid the so called fiscal cliff in january. treasury secretary tim geithner tells cnbc republicans have made a little progress, but the obama administration is "absolutely ready to go over the cliff if the gop doesn't agree to ra
FOX
Dec 6, 2012 5:00pm EST
agreement. he's not particularly interested in avoiding the fiscal cliff and he's not interested at all in cutsing any spending. >> reporter: democrats say with so much at stake from defense jobs to unemployment benefits and higher taxes on all households, republicans are simply stalling what needs to be done. >> it's apparent how this will end. the only question is when will it end? you know, it's how long will speaker boehner make middle class families wait for relief. >> reporter: the one thing not in question is the deadline of january 1st. until then, it's anyone's guess how much the standoff will last until the deadline is blocked down. >> one of the things overshadowed by all of this are the new unemployment numbers. we're starting to get some of those now, positive numbers for- from-the labor department saying today that claims fell $25,000 last week. that is in comparison when the labor department reported 451,000 claims after hurricane sandy, shawn. >> tom fitzgerald, thank you. >>> new jersey governor chris christie met with president obama to talk about the after math from s
FOX News
Dec 6, 2012 12:00pm PST
that the democrats are slow walking us off the fiscal cliff? >> officials hearsay there is still time to reach an agreement. they say there has been progress. republicans are now a incrows tn though they still don't want to raise tax rates. the folks here shrug off the fact there hasn't been a meeting of the president in a couple of weeks. and they suggest there won't need to be a meeting until republicans are ready to give in. >> it is our view that simply having conversations c congressional leaders will not produce a deal. what will produce a deal is an acknowledgment by republicans, republican leaders that rates on the top two percent, the wealthiest americans have to rise. there is no deal without that acknowledgment. >> the treasury secretary gite neither says the -- tab eitner says they are ready to go over the cliff. if republicans won't let the tax cuts expire, they say it is not a threat. shepherd? >> it is easy to say why they would be making those statements when there was a recent survey that showed 53% of people said if we do go over the cliff they blame the republican congress.
CSPAN
Dec 6, 2012 12:00pm EST
ends might. she wrote concerned about tax increases and this fiscal cliff. she said, "the middle class is the heart and soul of this country. what keeps it going and growing? what else can we be hit with? i know i cannot take anything more on financially." so my first call today, madam president, is let's give deborah and families like hers in delaware and around the country the serntle before we end this -- the certainty before we end this calendar year of knowing their taxes will not go up in 26 days when the calendar turns to 201. one way to do that is for the moushouse to take up the legisln that this body has already considered in a bipartisan way that would extend the tax cuts for 98% of families and 97% of small businesses while also achieving nearly d is trillion of debt and deficit reduction. this bill extends tax cuts that would otherwise expire for all americans who earn income and for all small businesses, but just on the first $250,000. tax ratetax rates on income abot would revert to tax rates during the clinton administration. this one step would blunt the impact of the
WETA
Dec 6, 2012 6:30pm EST
saying if we go over the fiscal cliff the unemployment rate will jump recession and customarily when are you in a recession the unemployment rate goes up 3 percentage points. does that sound right to you. and if that is the case what does this mean for consumers and for businesses? >> well, the seriously bad news. but i think what is important is not just whether we go over the cliff but how long we stay over there. i mean if it turns out that they need a couple more days to hammer out an accord i don't think that will have a big lasting effect. but if we go over the cliff and all those spending cuts and tax hikes go into effect and stay in effect for the whole year, then you would be talking about a very high likelihood of a recession and rising unemployment, substantial rise, we can quibble about how much. but it would be seriously bad news for consumers and businesses. >> as you know the federal reserve is going to be meeting next week on tuesday. certainly this is all going to be a topic around the table. is there a role for the federal reserve in this fiscal cliff back and forth
ABC
Dec 6, 2012 6:00am EST
this week. jones rose 82 points yesterday. investors appeared optimistic president obama fiscal cliff deal be reached in about a week. today thee mortgages, obama administration will seniors be really careful before signing those. a new starbucks store is likely to a neighborhood near you. the coffee giant plans to open cafes across the country over the next five averaging two new stores a day. >> 6:26 right now. go in as a 2.5 point favorite. >> the goal is to secure a playoff spot. the baltimore ravens have a big challenge of defending against robert griffin iii third. >> he is still a danger of the of his rookie season, but the proready in of fame so to speak. he said the nfl season -- single record by a quarterback. in case you forgot already, thursday, they beat the giants 17-16. >> hockey returns to the verizon least for one night. the game starts at 7:00 and is sold out. welcome boost for businesses in the area. >> positive signs in the nfl -- nhl after a nine hour meeting between players and owners. >> a lot of issues. there continue to be some issues between the two parties. the p
CSPAN
Dec 6, 2012 5:00pm EST
to debt a handle on the fiscal cliff, we cannot lose sight of their urgent priority of making sure we have job growth -- job creation, to say the least. many of the components you have outlined -- that both of you have -- it comprised of the broad description of the fiscal cliff whether it is the expiring tax cut provisions, the expiring tax cut extensions, and spending cuts as well. if you consider more, which of those would you consider having the biggest bang for the buck in terms of economic impact of those that we are discussing here today? >> it is a given that we will extend the current tax rates for taxpayers that make less than $250,000 on an annual basis. that is absolutely necessary. when you consider the other things that are happening -- in terms of the bang for the buck, the emergency unemployment insurance program is very effective. it is small in the grand scheme of things. cbo is estimating it would costs per calendar year about $33 million. but the economic to bitty for job growth compared to the unemployment rate would be measurably more than that -- for the economic une
Search Results 0 to 49 of about 65 (some duplicates have been removed)